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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2016
Dec. 31, 2015
Investments:    
Fixed maturity securities available-for-sale, at estimated fair value (amortized cost: $271,701 and $271,653, respectively; includes $0 and $917, respectively, relating to variable interest entities) $ 289,563 $ 287,783
Equity securities available-for-sale, at estimated fair value (cost: $2,464 and $2,565, respectively) 2,894 2,864
Fair value option and trading securities, at estimated fair value (includes $0 and $404, respectively, of actively traded securities; and $8 and $13, respectively, relating to variable interest entities) 13,923 15,024
Mortgage loans (net of valuation allowances of $304 and $281, respectively; includes $566 and $314, respectively, under the fair value option) 65,167 59,578
Policy loans (includes $0 and $4, respectively, relating to variable interest entities) 9,511 9,566
Real estate and real estate joint ventures (includes $59 and $42, respectively, of real estate held-for-sale) 8,891 7,839
Other limited partnership interests (includes $14 and $27, respectively, relating to variable interest entities) 5,136 5,246
Short-term investments, principally at estimated fair value (includes $0 and $26, respectively, relating to variable interest entities) 6,523 7,467
Other invested assets (includes $31 and $43, respectively, relating to variable interest entities) 19,303 17,607
Total investments 420,911 412,974
Cash and cash equivalents, principally at estimated fair value (includes $1 and $71, respectively, relating to variable interest entities) 12,651 11,182
Accrued investment income (includes $0 and $22, respectively, relating to variable interest entities) 3,308 3,390
Premiums, reinsurance and other receivables (includes $2 and $21, respectively, relating to variable interest entities) 15,445 13,226
Deferred policy acquisition costs and value of business acquired (includes $0 and $240, respectively, relating to variable interest entities) 17,590 17,418
Current income tax recoverable 20 161
Goodwill 9,220 9,217
Assets of disposed subsidiary 216,983 216,437
Other assets (includes $3 and $148, respectively, relating to variable interest entities) 7,058 6,776
Separate account assets (includes $0 and $1,022, respectively, relating to variable interest entities) 195,578 187,152
Total assets 898,764 877,933
Liabilities    
Future policy benefits (includes $0 and $716, respectively, relating to variable interest entities) 166,701 161,266
Policyholder account balances (includes $0 and $21, respectively, relating to variable interest entities) 173,168 165,628
Other policy-related balances (includes $0 and $238, respectively, relating to variable interest entities) 13,030 12,893
Policyholder dividends payable 696 709
Policyholder dividend obligation 1,931 1,783
Payables for collateral under securities loaned and other transactions 25,873 26,234
Short-term debt 242 100
Long-term debt (includes $12 and $15, respectively, at estimated fair value, relating to variable interest entities) 16,441 17,936
Collateral financing arrangement 1,274 1,342
Junior subordinated debt securities 3,169 3,194
Liabilities of disposed subsidiary 202,707 204,374
Deferred income tax liability 6,774 6,534
Other liabilities (includes $0 and $80, respectively, relating to variable interest entities) 23,700 20,292
Separate account liabilities (includes $0 and $1,022, respectively, relating to variable interest entities) 195,578 187,152
Total liabilities 831,284 809,437
Contingencies, Commitments and Guarantees (Note 21)
Redeemable noncontrolling interests in partially-owned consolidated subsidiaries 0 77
MetLife, Inc.’s stockholders’ equity:    
Preferred stock, par value $0.01 per share; $2,100 aggregate liquidation preference 0 0
Common stock, par value $0.01 per share; 3,000,000,000 shares authorized; 1,164,029,985 and 1,159,590,766 shares issued, respectively; 1,095,519,005 and 1,098,028,525 shares outstanding, respectively 12 12
Additional paid-in capital 30,944 30,749
Retained earnings 34,480 35,519
Treasury stock, at cost; 68,510,980 and 61,562,241 shares, respectively (3,474) (3,102)
Accumulated other comprehensive income (loss) 5,347 4,771
Total MetLife, Inc.’s stockholders’ equity 67,309 67,949
Noncontrolling interests 171 470
Total equity 67,480 68,419
Total liabilities and equity $ 898,764 $ 877,933